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THE STRONGSVILLE SAVINGS BANK ANNOUNCES 2-FOR-1 STOCK SPLIT

 STRONGSVILLE, Ohio, Jan. 12 /PRNewswire/ -- Directors of The Strongsville Savings Bank (NASDAQ: SSBK) today announced a 2-for-1 stock split. The stock split is the first for The Strongsville Savings Bank since going public in October, 1993.
 The stock split will be effective Feb. 22, 1994 to shareholders or record as of the close of business on Jan. 28, 1994.
 Thomas P. Perciak, president and chief executive officer, said, "A 2- for-1 stock split will further enhance the liquidity of Strongsville Savings stock as well as to stimulate affordability of the stock, at the lower price, to individual, retail investors."
 The Strongsville Savings Bank is an Ohio-chartered, federally insured savings association whose principal business activities are conducted from its main office in Strongsville, Ohio and its eight branch offices in Cuyahoga, Lorain and Medina Counties. Principal market makers for The Strongsville Savings Bank's stock are McDonald & Company Securities, Inc., Roney & Co. and Mayer & Schweitzer, Inc.
 -0- 1/12/94
 /CONTACT: Thomas P. Perciak, chief executive officer, or John F. Ziegler, vice president and chief financial officer, of The Strongsville Savings Bank, 216-238-7311/
 (SSBK)


CO: The Strongsville Savings Bank ST: Ohio IN: FIN SU:

BM-CM -- CL011 -- 1437 01/12/94 14:11 EST
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Publication:PR Newswire
Date:Jan 12, 1994
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